The big news 🔊

Prospa has lent more than $1bn to small businesses across Australia and New Zealand, giving them critical access to financing, and fuelling the most important sector in our economy.

When we first invested, Greg, Beau and a small handful of team-mates were sitting elbow-to-elbow in Kent St writing their first few loans. We’re beyond proud to have now backed the team over 6 rounds — making it our largest single investment to date.

💰In very exciting news for startups — Square Peg has raised a $340m fund. Congratulations to the whole team — looking forward to working more together!

💰AIC’s annual report shows FUM in the Aussie PE and VC sector is at an all time high at $30bn. While PE currently makes up the majority of this chunk, we’re hoping that’s not always the case 😉

⭐️ We’re hiring a Head of Venture Community at Airtree. If you’d like to support the entrepreneurs shaping our future, and play a part in serving the startup community in Australia and NZ… come work with us! ⭐️

Love for the AirTree Fam ❤️

MetaOptima was featured in a Lancet Oncology journal article comparing the performance of AI algorithms to dermatologists. The article focused on the diagnostic accuracy for skin lesions. This is one of the top oncology journals in the world — so incredible recognition for Majid, Maryam and the team

What separates a good business from a great business? Jackie has shared a few ways to build an unfair advantage into your startup’s business model from the very beginning… 💪

Mel sat down with Jason Calacanis to talk about growing Canva to 15M monthly active users, securing their latest investment from Mary Meeker, and doing the most good one can do ✨

Ben from HotDoc chats with Pete from MetaOptima on “Talking Health” about the adoption of technology in general practices, emerging healthtech, and the importance of trust between clinicians and vendors. We ❤️ seeing AirTree teams hanging out with other AirTree teams!